Govt appoints S Ramann as PFRDA Chairperson

New Delhi: The Government has appointed Deputy CAG S Ramann as Chairperson of pension fund regulator Pension Fund Regulatory and Development Authority (PFRDA)

Ramann would replace incumbent Deepak Mohanty whose term comes to an end in May 2025.

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The Appointments Committee of the Cabinet (ACC) has approved the appointment of Sivasubramanian Ramann, Deputy Comptroller & Auditor General, to the post of chairperson, Pension Fund Regulatory and Development Authority (PFRDA), a government notification dated April 1 said.

The ACC has approved his appointment for a tenure of five years or till he attains age of 65 years, it said.

Ramann, presently serving as Deputy CAG, belongs to 1991 batch of Indian Audit & Accounts Service (IA&AS).

He has also served as Chairman & Managing Director, Small Industries Development Bank of India (SIDBI), for 3 years between 2021 and 2024.

Before joining SIDBI, he was MD & CEO of National E-Governance Services Limited (NeSL).

He graduated with a bachelor's degree in Physics with honors from Ravenshaw College, Cuttack, in 1979, before going to Jawaharlal Nehru University for his master's degree. He also holds a master's degree in economics from Yale University. He holds a doctorate degree in economics from Gokhale Institute of Politics and Economics.

Prior to joining NeSL, Ramann was the Principal Accountant General (Audit), Jharkhand, Ranchi during 2015-2016. He worked with SEBI as CGM and later Executive Director between 2007 and 2013.

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